Developing Affordable Housing Ecosystems World Wide
By: David A. Smith
With the economy in the tank and banks (including the Federal Reserve) making record profits, populist ire has settled on the bankers themselves.
Were you paid a great deal of money?
Yes, we … uh …
Guilty! Until proven innocent!
Deservedly so? That question is implicit in a lengthy Steven Brill piece in the New [...]
By: David A. Smith
[Expanded greatly from State of the Market 23, available in the Recent issues section of the CAS Financial Web site.]
[Continued from yesterday's Part 2 and the preceding Part 1.]
What’s bad for production is good for affordability – isn’t it?
C. Housing and affordable housing, excess housing, enough affordability?
Housing both drives the economy (via [...]
By: David A. Smith
[Expanded greatly from State of the Market 23, available in the Recent issues section of the CAS Financial Web site.]
[Continued from yesterday's Part 1.]
Yesterday’s potful of predictions focused on macroeconomic policy: Bernanke’s reappointment, rising US interest rates, lingering recession, surprisingly strong dollar, risks of sovereign bankruptcy, and capital markets around the world. [...]
By: David A. Smith
[Expanded greatly from State of the Market 23, available in the Recent issues section of the CAS Financial Web site.]
If you thought 2009 represented ‘interesting times,’ wait until you see what 2010 has in store. Bright spots are hard to find – but we’ll going looking, being mindful that the ways things [...]
By: David A. Smith
Pirates have a real estate problem and a capital problem.
We’ve got the capital, now we need the real estate!
Like highwaymen (land pirates) and kidnappers (wilderness pirates), for their business they need a work environment of vast uncharted spaces and complete lawlessness – for which the high seas often serve admirably.
We’re [...]
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